DNS Associates provide specialist accounting services for Small businesses, whether you are a New Start up or an Established business, across a wide range of business sectors:
Starting a new business is a massive undertaking: did you know that for every new business that starts up this year it is likely that only 43% will still be going in a year’s time and only 20% in five years time.
As well as some of our core services that are especially applicable to business start-ups we can help with:
You need to let HMRC know within three months of commencing self-employment that you are in business. Failure to do so results in automatic fines. We will do all the forms for you, set up national insurance payments and, if necessary, complete the VAT Registration forms for you.
We can introduce you to local banks, solicitors and other professionals.
DNS understand what it takes to manage a successful small business and that’s why we offer an accountancy service that works in active partnership with you and your business. If you’re looking for an accountant to simply do your annual accounts, then DNS is probably the right accountant for you.
As you can see, it’s really quite easy to change accountant.
Depending on your requirements DNS offer as much or as little input as you need. Rest assured that whichever package you choose, the DNS guarantee states that we want you to be 100% satisfied. Below are three major reasons why DNS is the accountant you should choose:
The complete DNS 15-minute solution will shortly be available for small businesses. Our online accounting portal offers a revolutionary hassle-free, convenient monthly process that guarantees control of your business.
Set Up Process
Step 1– To register as sole trader with HMRC and set up sole trader services with DNS, please contact us. If you’re already registered as a sole trader, or already run a limited company and presently use another accountant but would like to move to DNS, please contact us.
Step 2– The DNS team will register your sole trader business with HMRC, open a business bank account on your behalf, and complete PAYE and VAT registration for you, if that’s what you require. If you’re already running a business and have an accountant but would like to move to DNS, we guarantee a smooth transfer from your current accountant to DNS.
Step 3 – The unique DNS online accounting portal for small businesses will go live soon. You will be able to input your sales and receipts; raise invoices, and claim expenses, all of which will not take you more than 15 minutes a month.
If you already have an accountant are you fully satisfied with the services you’re receiving and, if not, why not? Your accountant is the linchpin of your business success and you should be 100% satisfied with the service you receive. It’s a very simple process to change your accountant to DNS as we do all the administration for you.Take a look at the services DNS provide:
Are you receiving anything less than the service list detailed above? If the answer is yes, change accountant today by contacting DNS.
Some common expenses are:
We can assure you that converting from a sole trader to a limited company is not as complex as many accountants may have you believe, and that by doing so you may benefit from significant tax-saving opportunities using “goodwill”. For example: your business is making a profit of £100K and, therefore, the goodwill is around £500K. When you convert to a limited company you’ll pay £50K tax, BUT are you aware that you can save potentially 200K tax on amortisation? For more detail about this contact DNS and we’ll be happy to discuss this excellent opportunity further with you. Please be aware that this solution needs to be implemented meticulously, or else it may not be available..
Once you have decided to convert from a sole trader to a limited company and signed up with DNS, all you then need to do is contact your dedicated portfolio manager who will explain the process to you in detail.
If you’re not a DNS customer but would still like to convert from a sole trader to a limited company using the DNS Company Formation service, we can still help you do that very smoothly.
Definitely a limited company, and the main reasons we say this is that there are the following advantages: more opportunities for tax planning; it’s easier to attract finance; your company has more of an edge with the word “Limited” attached to it, and importantly in this complex commercial world, a limited company gives you added protection should something go wrong.
DNS are dedicated to providing accountancy services that meet the needs of freelancers, contractors and small business owners.
While DNS experts will do your books and file your Annual and Year End Accounts as a matter of course, we want the opportunity to excel at what we do best: guide you with our expertise in all aspects of running your business and your personal finances. To make the right decisions, it is essential that you have the right advice at your fingertips when you need it. Here is a breakdown of the services we offer.
For a small business with a turnover of less than £125K that employs less than five people, DNS have tailor-made accountancy packages at very competitive prices. Our accountancy packages have been designed over many years and are engineered to meet the basic requirements of small businesses.
If your business turnover exceeds £125K, DNS provide no specific packages, but instead we offer you a free no-obligation meeting to determine your requirements. By understanding your business in greater detail, we will provide you with the necessary support to build on your success; sound financial advice, management accounts, tax planning and wealth management would all feature in your future strategies..
If your profits are greater than 125K, then we will provide you with a quote by return if you fill in this form on the right to contact us.
“I recently starteed my own company and in need of a good accountant. With my friends reference, I started DNS accountancy services and I am a quite satisfied with their service. My account manager Sneha Gurudutta was always responsive and guided me a lot especially during my company early days. Keep u the good work.”
“I have been DNS for the last 3 months and I am very happy with the service. My account manager Sneha Gurudutta guided me and helped me with all the major/minor steps with the account setup. The weekend support they provide is really helpful. I would definitely recommend DNS to all my friends.”
“Unfortunately my son passed away without leaving any contact name of his accountant. I was able to make contact with the firm through HMRC. The staff were very prompt, caring and supportive in settling his income tax account. I was extremely impressed with the efficient caring and supportive service received from all of DNS staff.”
“Been with DNS Accountants for more than a year I would highly recommened their services. My account manager Sneha has been very helpful and helped with accounts and queries swiftly always! Having a good accountant means you can fully focus on your business, not worry about accounts and tax matters. Thank you DNS :-)”
“I have been extremely satisfied with the service I have been receiving close to past 1 year. Very professional, transparent and helpful. Special mention of my Account Manager Minakshi Arora who made my transition very smooth and always ready to go that extra mile to support and make customer happy. Definitely recommended.”
“I've recently set up a Ltd. Company and signed up with DNS for my accounting services. I've found it very good value for money and hugely helpful in terms of advice and guidance. I have a named Account Manager, Sneha Gurudutta, who keeps in contact with me and offers advice on line and on the phone... I'm really pleased with the service.”